18 Edo Local Councils Share N2.2b from FAAC

July 8, 2017
18 Edo Local Councils Share N2.2b from FAAC

18 Edo Local Councils Share N2.2b from FAAC

By Modupe Gbadeyanka

The sum of N2.18 billion has been declared as total allocation accrued to the 18 local governments in the state from the Federation Account for the month of June.

This declaration was made on Friday by the Head of Uhunmwode Local Government Administration, Mr Anthony Eboigbodin.

Yesterday, the Edo Joint Account and Allocation Committee (JAAC) held a meeting at the Government House in Benin, which was chaired by the state Governor, Mr Godwin Obaseki.

Mr Eboigbodin disclosed that N1.41 billion collected in June was used for mandatory expenditures while the distributable sum left for the 18 local councils was put at N758 million.

He said the state government would set up a committee to harmonise the assessment and conduct collection of rate-able properties geared towards increasing Internally Generated Revenue in the state.

He added that the collection rollout, involving the collection of taxes and levies, and fixed rates in the entire LGAs in the state would start on Monday, July 10, 2017.

“We appeal to the people to co-operate with government officials, who will be going round to collect these rates and levies as approved by new harmonised local government laws,” Mr Eboigbodin disclosed.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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